Targa Resources Corp. · Energy · Oil & Gas Midstream
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Last
$235.78
−$2.97 (−1.25%) 1:29 PM ET
Prev closePrevC$238.75
OpenOpen$234.99
Day highHigh$235.93
Day lowLow$231.14
VolumeVol737,836
Avg volAvgVol1,495,405
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Mkt cap
$52.57B
P/E ratio
27.77
FY Revenue
$17.03B
EPS
8.49
Gross Margin
38.29%
Sector
Energy
AI report sections
MIXED
TRGP
Targa Resources Corp.
Targa Resources Corp. is trading near its 52-week high with strong multi-month price momentum and bullish technical signals. The company shows solid profitability and growing earnings despite slightly declining revenue, but its profile is tempered by high leverage, tight liquidity, and a low free cash flow yield. Valuation multiples appear elevated relative to cash generation, while short interest remains modest and recent news tone has been broadly constructive.
Targa Resources Corp. Declares Increase to Quarterly Common Dividend and Announces Timing of First Quarter 2026 Earnings Webcast
Targa Resources Corp. announced a 25% increase to its quarterly common dividend to $1.25 per share ($5.00 annualized) for Q1 2026. The company will report its first quarter 2026 financial results on May 7, 2026, followed by a live webcast at 11:00 a.m. ET to discuss results.
The company declared a significant 25% increase to its quarterly dividend, demonstrating confidence in financial performance and cash generation. This dividend increase is consistent with previously disclosed expectations and indicates strong operational performance and shareholder returns.
PositiveGlobeNewswire Inc.• Na
Targa Resources Corp. Declares Increase to Quarterly Common Dividend and Announces Timing of First Quarter 2026 Earnings Webcast
Targa Resources Corp. announced a 25% increase to its quarterly common dividend to $1.25 per share ($5.00 annualized) for Q1 2026. The company will report Q1 2026 financial results on May 7, 2026, followed by a webcast at 11:00 a.m. ET to discuss results.
The company announced a significant 25% increase to its quarterly dividend, demonstrating confidence in financial performance and commitment to shareholder returns. This is consistent with previously disclosed expectations and indicates strong operational and financial health.
PositiveBenzinga• Na
Battalion Oil Expands Monument Draw Position With Strategic Acquisition from Sundown
Battalion Oil Corporation announced an all-stock acquisition of 7,090 net acres in Ward County, Texas from RoadRunner Resource Holding LLC (formerly Sundown Energy LP) for 485,000 shares. The acquisition adds contiguous acreage to Battalion's Monument Draw position, expected to provide 30 high-quality drilling locations and immediate production from an existing well valued at approximately $700,000. The deal leverages Battalion's prior operational experience on the acreage and benefits from the company's recent sour gas treating agreement with Targa Resources.
BATLTRGPoil and gas acquisitionMonument DrawWard County TexasWolfcamp formationall-stock transactiondrilling inventory
Sentiment note
Targa Resources benefits from the acid gas treating agreement with Battalion, which secures future sour gas treatment capacity utilization from the newly acquired acreage development.
PositiveGlobeNewswire Inc.• Na
Targa Resources Corp. Announces Form 10-K Available
Targa Resources Corp. (NYSE: TRGP) has filed its Form 10-K for the year ended December 31, 2025, and reported record fourth quarter and full year 2025 financial results. The company, a leading midstream services provider and one of North America's largest independent infrastructure companies, has provided an outlook for record 2026 performance.
TRGPForm 10-K filingrecord financial resultsmidstream servicesinfrastructurenatural gasNGLs2026 outlook
Sentiment note
The company reported record fourth quarter and full year 2025 financial results with a positive outlook for record 2026 performance. The company is described as a leading midstream provider and FORTUNE 500 company included in the S&P 500, indicating strong market position and operational success.
NeutralThe Motley Fool• Courtney Carlsen
My 1 Favorite Income Stock to Buy Right Now in the Energy Sector
Energy Transfer (ET), a master limited partnership and pipeline operator, is highlighted as a top dividend income stock with a 7.5% yield. The company has secured major long-term contracts with hyperscalers like Oracle and Meta to supply natural gas for AI data centers, with over 6 billion cubic feet per day of new capacity contracted at an average life of 18 years, projected to generate $25 billion in future revenue. Management is also considering converting an existing NGL pipeline to natural gas service to capitalize on surging AI data center demand.
ETETPIORCLMETAenergy sectordividend yieldpipeline operatornatural gas
Sentiment note
Mentioned as a competitor in the NGL pipeline space with increasing capacity, creating competitive pressure on NGL fees, but no direct investment recommendation provided.
PositiveGlobeNewswire Inc.• Na
Targa Resources Corp. Announces Quarterly Dividend and Timing of Fourth Quarter 2025 Earnings Webcast
Targa Resources Corp. announced a quarterly dividend of $1.00 per common share for Q4 2025, payable February 13, 2026. The company intends to increase its Q1 2026 dividend to $1.25 per share ($5.00 annualized). Fourth quarter 2025 earnings will be reported on February 19, 2026, with a webcast at 10:00 a.m. Central Time.
The company announced a significant dividend increase from $4.00 to $5.00 annualized per share for Q1 2026, demonstrating confidence in cash generation and shareholder returns. This 25% increase signals strong financial performance and positive outlook for the business.
NeutralGlobeNewswire Inc.• Targa Resources Corp.
Targa Resources Corp. Prices $1.75 Billion Offering of Senior Notes
Targa Resources Corp. announced a public offering of $750 million in 4.350% Senior Notes due 2029 and $1.0 billion in 5.400% Senior Notes due 2036, with proceeds to be used for debt redemption and general corporate purposes.
The company is executing a standard debt refinancing strategy, issuing new notes at lower interest rates to replace existing higher-interest debt, which suggests prudent financial management without significant positive or negative implications
PositiveBenzinga• Globe Newswire
Targa Resources Corp. Announces Quarterly Dividend and Timing of Third Quarter 2025 Earnings Webcast
Targa Resources Corp. declared a quarterly cash dividend of $1.00 per common share for Q3 2025, payable on November 17, 2025. The company will host an earnings webcast on November 5, 2025, to discuss its third quarter financial results.
The company announced a consistent quarterly dividend, plans a transparent earnings webcast, and highlighted its strong market position as a FORTUNE 500 and S&P 500 company in midstream services
PositiveGlobeNewswire Inc.• Matt Meloy (Ceo)
Targa Resources Corp. Announces Permian Growth Projects and an Expansion of its Permian to Mont Belvieu NGL Pipeline Transportation System
Targa Resources is expanding its Permian Basin infrastructure with a new 500-mile NGL pipeline (Speedway) and a 275 MMcf/d gas processing plant (Yeti), investing approximately $3.3 billion in growth capital expenditures to support increasing natural gas and NGL production.
The company is making significant infrastructure investments, expanding capacity, and showing strong volume growth projections in the Permian Basin, indicating strategic expansion and confidence in future market demand
PositiveBenzinga• Globe Newswire
Targa Resources Corp. Announces Quarterly Common Dividend and Timing of Second Quarter 2025 Earnings Webcast
Targa Resources Corp. declared a quarterly cash dividend of $1.00 per common share for Q2 2025, payable on August 15, 2025. The company will host an earnings webcast on August 7, 2025 to discuss its financial results.
Company announced a consistent quarterly dividend, scheduled an earnings webcast, and highlighted its strong market position as a FORTUNE 500 and S&P 500 company in midstream infrastructure services
PositiveGlobeNewswire Inc.• N/A
Targa Resources Corp. Prices $1.5 Billion Offering of Senior Notes
Targa Resources Corp. announced the pricing of a $1.5 billion public offering of senior notes due 2030 and 2036. The company plans to use the proceeds to redeem existing notes and for general corporate purposes.
The company is raising funds through a public offering, which suggests it is in a strong financial position and able to refinance its debt. The proceeds will be used for general corporate purposes, indicating the company is investing in its business.
PositiveGlobeNewswire Inc.• N/A
Targa Resources Corp. Declares Increase to Quarterly Common Dividend and Announces Timing of First Quarter 2025 Earnings Webcast
Targa Resources Corp. announced an increase in its quarterly cash dividend and the timing of its first quarter 2025 earnings webcast.
TRGPTarga Resources Corp.dividendearnings webcast
Sentiment note
The company announced an increase in its quarterly cash dividend, which is a positive sign for shareholders.
News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
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